Australia's Tabcorp Holdings soars on strong annual results

Tabcorp Holdings

27/08/2025 01:53

** Shares of Tabcorp Holdings TAH.AX rise as much as 32.4% to A$0.940, logging their highest intraday pct gain ever

** Stock hits its highest level since Oct. 11, 2023

** Betting and gambling firm swings to full-year profit of A$36.6 million ($23.78 million), compared with a loss of A$1.36 billion reported a year ago

** Co also logs 11.8% rise in annual revenue to A$2.61 billion

** TAH declares final dividend of 1 AU cent per share

** Stock up nearly 50% this year, including the day's move

($1 = 1.5389 Australian dollars)

(Reporting by Rajasik Mukherjee in Bengaluru)

((Rajasik.Mukherjee@thomsonreuters.com))